Home > Salary > Monaco > Business Development Associate
A Business Development Associate is responsible for identifying and pursuing new business opportunities to drive growth for a company. They work closely with the sales and marketing teams to develop strategies and tactics to attract new clients and expand existing customer relationships. This role involves conducting market research, analyzing industry trends, and identifying potential leads and partnerships. Business Development Associates also assist in creating and delivering sales presentations, negotiating contracts, and closing deals. They play a crucial role in building and maintaining strong relationships with clients and stakeholders, as well as keeping up-to-date with market dynamics and competitor activities.
Estimated Yearly Salary: 205,761 EUR
Estimated Monthly Salary: 17,147 EUR
Estimated Weekly Salary: 3,957 EUR per week
Estimated Hourly Salary: 99 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,564 EUR
Estimated Weekly Salary: 3,823 EUR per week
Estimated Hourly Salary: 96 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 205,784 USD
Estimated Monthly Salary: 17,149 USD
Estimated Weekly Salary: 3,957 USD per week
Estimated Hourly Salary: 99 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 205,761 EUR
Estimated Monthly Salary: 17,147 EUR
Estimated Weekly Salary: 3,957 EUR per week
Estimated Hourly Salary: 99 EUR per hour
By working as Business Development Associate a person can save up to 9,705 USD per month or 116,466 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Business Development Associate
Last revision of data: 2025-01-04
Data as of 2025
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Business Development Associate salary in Monaco
Average Yearly Salary of Business Development Associate in Monaco is approximately 205,761 EUR (205,784 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Business Development Associate do?
A Business Development Associate is responsible for identifying and pursuing new business opportunities to drive growth for a company. They work closely with the sales and marketing teams to develop strategies and tactics to attract new clients and expand existing customer relationships. This role involves conducting market research, analyzing industry trends, and identifying potential leads and partnerships. Business Development Associates also assist in creating and delivering sales presentations, negotiating contracts, and closing deals. They play a crucial role in building and maintaining strong relationships with clients and stakeholders, as well as keeping up-to-date with market dynamics and competitor activities.
Skills: Business Development, Sales, Marketing, Market Research, Client Relationship Management, Negotiation
Job industry: Sales and marketing
Job industry: Sales and marketing
How much does Business Development Associate make?
Salary details
How much does Business Development Associate make?Estimated Yearly Salary: 205,761 EUR
Estimated Monthly Salary: 17,147 EUR
Estimated Weekly Salary: 3,957 EUR per week
Estimated Hourly Salary: 99 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 198,771 EUREstimated Monthly Salary: 16,564 EUR
Estimated Weekly Salary: 3,823 EUR per week
Estimated Hourly Salary: 96 EUR per hour
Last revision of data: 2024-01-02Business Development Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 205,784 USD
Estimated Monthly Salary: 17,149 USD
Estimated Weekly Salary: 3,957 USD per week
Estimated Hourly Salary: 99 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Associate job salary compared to average salary in Monaco.
Comparison shows that a person working as Business Development Associate in Monaco earns on average:
1.21 times the average salary (or 121% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Associate job salary compared to average salary in Monaco.
Comparison shows that a person working as Business Development Associate in Monaco earns on average:
1.21 times the average salary (or 121% of average salary).
Is Business Development Associate a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Business Development Associate?
High salary for Business Development Associate would be somewhere between 226,337 EUR and 298,353 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Development Associate in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 205,761 EUR
Estimated Monthly Salary: 17,147 EUR
Estimated Weekly Salary: 3,957 EUR per week
Estimated Hourly Salary: 99 EUR per hour
By working as Business Development Associate a person can save up to 9,705 USD per month or 116,466 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Business Development Associate
France is 50,751 USD
Italy is 41,540 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Paint specialist (89,244 EUR per year, pre-tax.)
National distribution manager (294,099 EUR per year, pre-tax.)
Sustainability consultant (241,364 EUR per year, pre-tax.)
Project manager recruiting (354,050 EUR per year, pre-tax.)
Chef hotel (82,772 EUR per year, pre-tax.)
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